Morocco honorary consul in Calcutta Rashmi Chowdhary

Casablanca Finance City, Belgian Finance Center Seal Partnership

Casablanca Finance City (CFC) and Belgian Finance Center (BFC) have signed a partnership deal, laying the foundations for a lasting cooperation in promoting investment opportunities between Belgium, Morocco and Africa. The partnership will provide a platform for exchange, encouragement of best practices, and knowledge sharing in the fields of SME financing and corporate governance, the […]

DRC: soldier desertion trials highlight army in disarray amid rebel advances

Trials of Congolese soldiers accused of desertion, murder, and looting shed light on a military grappling with poor morale and dysfunction, amid ongoing rebel advances in the eastern Democratic Republic of Congo (DRC). In recent court proceedings, over 300 soldiers have stood trial, with some facing death sentences for fleeing the frontlines as M23 rebels, […]

ICSID rejects most Corral Holding’s claims in Samir refinery case

the International Centre for Settlement of Investment Disputes (ICSID) of the World Bank rejected most of the claims of Corral Morocco Holding, owned by Saudi billionaire Al Amoudi in a case filed against the Moroccan government over the shut-down of Samir refinery. The arbitration institution ordered Morocco to pay just 6% of the total 2.7 […]